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Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115
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Fiscal Policy

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Libya’s Ministry of Education has 600,000 employees, but only 180,000 actually teach – Huge corruption in the printing of the schoolbook
Oct 22 Sami Zaptia

Libya’s Ministry of Education has 600,000 employees, but only 180,000 actually teach – Huge corruption in the printing of the schoolbook

Acting Minister of Education, Ali Al-Abed, during a television interview on Libya's state Libya Al-Wataniya TV Channel, confirmed that the number of a...

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CBL stats until end of September 2025: Libya has LD 8.4 billion surplus but US$ 6 billion deficit
Oct 17 Sami Zaptia

CBL stats until end of September 2025: Libya has LD 8.4 billion surplus but US$ 6 billion deficit

According to the Central Bank of Libya (CBL) latest statistical bulletin published last Wednesday (15 October) on Libya’s revenues and expenditures fo...

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National Social and Economic Development Board organises dialogue on economic policy alignment
Oct 9 Sami Zaptia

National Social and Economic Development Board organises dialogue on economic policy alignment

The National Social and Economic Development Board (NESDB) organised a dialogue session at its Tripoli headquarters yesterday entitled "Economic Polic...

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Tax Authority to launch anti-tax evasion drive
Sep 9 Sami Zaptia

Tax Authority to launch anti-tax evasion drive

Libya’s Tripoli based Tax Authority announced today that it is to launch an anti-tax evasion drive. It revealed that as part of its strategy to suppo...

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Secular and religious agree on need for Libya’s gradual energy subsidy reform
Jul 27 Sami Zaptia

Secular and religious agree on need for Libya’s gradual energy subsidy reform

The secular and religious worlds have come to agreement on the need for Libya to gradually reform its fuel subsidies in the unlikely bedfellows of the...

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IMF study entitled “Energy Subsidy Reform in Libya” concludes that reform is crucial as subsidies lead to overconsumption and premature resource depletion
Jul 21 Sami Zaptia

IMF study entitled “Energy Subsidy Reform in Libya” concludes that reform is crucial as subsidies lead to overconsumption and premature resource depletion

Energy subsidies have become a significant burden on government finances in Libya, a study published this month by the International Monetary Fund (IM...

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Tax Authority holds symposium entitled "Tax on e-Commerce"
Jul 17 Sami Zaptia

Tax Authority holds symposium entitled "Tax on e-Commerce"

‎The Libyan Tax Authority, under the directives of its Head, organized a scientific symposium last Tuesday (15 July) entitled "Tax on Electronic Comme...

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Libya’s financial stability hinges on disciplined fiscal management and strategic investment: Husni Bey
Jun 8 Sami Zaptia

Libya’s financial stability hinges on disciplined fiscal management and strategic investment: Husni Bey

In an economic report analysing public spending, inflation, and currency stability in Libya, leading businessman Husni Bey concluded that Libya’s fina...

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Aldabaiba rejects continued spending by eastern Libya government outside the legal budget
Jun 4 Sami Zaptia

Aldabaiba rejects continued spending by eastern Libya government outside the legal budget

‎Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, rejected any parallel paths of public spending outside the legal frameworks. Aldabaiba w...

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Libya needs to redesign the existing historical government spending model of government funds - of government companies and funds doing it all: Husni Bey
May 1 Sami Zaptia

Libya needs to redesign the existing historical government spending model of government funds - of government companies and funds doing it all: Husni Bey

‎"Libya needs to redesign the historical model of spending government funds in the country from the existing model of government companies and funds d...

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